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Central Natural Resources (Central Natural Resources) Net Income : $0.23 Mil (TTM As of Jun. 2004)


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What is Central Natural Resources Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Central Natural Resources's Net Income for the three months ended in Jun. 2004 was $0.11 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2004 was $0.23 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Central Natural Resources's Earnings per Share (Diluted) for the three months ended in Jun. 2004 was $0.21.


Central Natural Resources Net Income Historical Data

The historical data trend for Central Natural Resources's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Central Natural Resources Net Income Chart

Central Natural Resources Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Net Income
Get a 7-Day Free Trial Premium Member Only 0.65 0.86 0.25 -0.30 0.11

Central Natural Resources Quarterly Data
Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 -0.04 0.10 0.06 0.11

Central Natural Resources Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Central Natural Resources's Net Income for the fiscal year that ended in Dec. 2003 is calculated as

Net Income(A: Dec. 2003 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.11+0.002+0+0
=0.11

Central Natural Resources's Net Income for the quarter that ended in Jun. 2004 is calculated as

Net Income(Q: Jun. 2004 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.146+-0.041+0+1.3877787807814E-17
=0.11

Net Income for the trailing twelve months (TTM) ended in Jun. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.23 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Central Natural Resources  (OTCPK:CTNR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Central Natural Resources's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2004 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Central Natural Resources Net Income Related Terms

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Central Natural Resources (Central Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
911 Main Street, Suite 1710, Kansas City, MO, USA, 64105
Central Natural Resources Inc is an independent energy company. It invests in and develops natural resources including natural gas, oil, coal and coalbed methane. Central's operations concentrate on domestic, on-shore properties, with producing properties located in Texas, Louisiana and the Arkoma Basin.
Executives
James R Ukropina director

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